chaoda modern agriculture (682) Key Developments

Chaoda Modern Agriculture (Holdings) Ltd. reported unaudited consolidated cash flow results for the six months ended December 31, 2014. For the six months, the company reported net cash generated from operating activities of RMB 3,626,000 against RMB 202,364,000 a year ago.

Chaoda Modern Agriculture (Holdings) Ltd. reported audited consolidated cash flow results for the year ended June 30, 2014. For the year, the company reported net cash generated from operating activities of RMB 49,458,000 against net cash used in operating activities of RMB 367,801,000 a year ago. Purchases of property, plant and equipment was RMB 253,792,000 against RMB 216,581,000 a year ago.

Chaoda Modern Agriculture (Holdings) Limited reported unaudited consolidated earnings results for the six months ended December 31, 2014. For the period, the company reported turnover of RMB 618,998,000 compared to turnover of RMB 814,688,000 for the same period a year ago. Loss from operations was RMB 1,553,076,000 compared to RMB 1,196,166,000 last year. Loss before income tax was RMB 1,605,868,000 compared to RMB 1,232,501,000 last year. Loss was RMB 1,605,868,000 compared to RMB 1,232,501,000 last year. Loss attributable to owners of the company was RMB 1,606,893,000 or RMB 0.49 per basic and diluted share compared to RMB 1,233,215,000 or RMB 0.37 per basic and diluted share last year. Unfavorable conditions had a considerable adverse impact on the performance of the Group.

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